melissa: i'm melissa francis and here's what's "money" tonight. is this the worst election for wall street in history? some are saying yes but are their fears justified? or are they being melodramatic? we'll break it all down. wall street may have the blues u.s. debt is mounting and tax hikes could be around corner. but screw the inevitable. there are still plenty of ways to make money. we'll tell you exactly how to keep raking it in. the "oracle of omaha" make as new gamble. where warren buffett sees the next cash cow and how you can follow in his footsteps. even when they say it's not it is still always about money.

melissa: all right, first let's take a look at the day's market headlines. stocks tumble yet again following the worst session of the year yesterday despite better than eepected u.s. jobless claims and u.s. export data. rising concerns over the fiscal cliff shook investors yet again the dow closed down 121 points. disney shares are sliding after-hours the company reported fiscal fourth quarter earnings a short time ago. disney coming in a little light on revenue while meeting profit expectations. shares of whole foods took a nearly 6% hit. the company warned superstorm sandy is taking a bite out of sales and will hurt earnings. to our top story. check out this headline from the atlantic. this is the worst election for wall street in decades. they're hysterical. it goes on to say it is a combination of president obama, elizabeth warren, alan grayson, newly invigorated democratic party

is making bankers very nervous. do you think? are we really in that much trouble? are they being spoil sorts? with me steve moore editorial board member and senior economics writer at "the wall street journal." thanks for joining us. >> great to be with you. melissa: i know you're out selling so many books. nice to stop by. i hope you have one you can sort of hold up? we'll find one. >> i have a autographed copy for you, melissa. i promise. melissa: thank you. what do you think about this? is this the worst election of wall street in the history of the universe? >> i want to correct kind of a conventional wisdom that you repeated, melissa, that drives me crazy. oh, the reason the market really dropped so dramaticly this is the worst two day session in a year or so. people say the reason this is happening is impending fiscal cliff. wait a minute, melissa. not like all of sudden people woke up and we'll face a fiscal cliff.

what changed from monday, obviously we had this election. this kind of fits your theme you're investigating tonight. maybe this is a pretty bearish out come for the election where you had democratic pickups in the senate and republicans lost seats in the house. you have president obama reelected. the converse of that, you know, if, can i say one last thing? melissa: sure, go ahead. >> if my friend austan goolsbee who worked for president obama would say here, wait a minute the market was up over 50% during president obama's first term. i want to get that out there to be fair. melissa: no, absolutely. the difference is everybody went to the polls and vote the for their folks. thought it would be all their folks. when you dust settled you looked at the cast of jokers we elected and the same crew that got us into this mess and brought us this close to the fiscal cliff in the first place. everybody looked around and said, uh-oh. >> that's right. you know what, melissa? you mentioned it is not just the numbers. it is democrats that were

elected. they're pretty radically liberal. elizabeth warren gave that speech at the democratic convention and malefactors of wealth and founded her fist against wall street and tammy baldwin in wisconsin, who is from madison. what else do i have to say? melissa: elizabeth warren in the picture, she looked so happy. she is so excited. there she is. oh, she is coming right after wall street. i mean, buckle up, hide under your desk. here she comes. i don't know. if you just look at the list of things that she has done. just remembering that she was filibustered when she was trying to run, or, her name was put out there for the consumer financial protection board and she was filibuster ited. now, at this point we would be lucky if that is what she was doing. >> now the republicans have to deal with her as a colleague. melissa: right. >> that is interesting situation. back to the subject of business, the worst outcome for investors in, you know,

50 years. i think that the biggest danger right now is the increase in the capital gains and dividend rate. melissa: right. >> with respect to investors. melissa: i agree. >> melissa, this is not complicated. if you raise the tax on capital gains and dividends, then aft tax rate of return on stocks falls. melissa: right. >> that will get capitalized in the market. i think one of the reasons the market has fallen pretty significantly last couple days because no one knew on monday night who would win the election up until tuesday night none of this was really fully priced into the market. now it is getting priced into the market. melissa: it was so straightforward, people who asked me, taxi drivers, people on street, who said to me, what should i do? should i buy? if president obama wins will the market go up? i would say, are you kidding? he said he would raise taxes on dividend and on cap gains. so by definition you're going to buy fewer of those things because your return is lower.

it is math. it is not like a value judgment. >> but, let's not forget. obviously, the main thing that drives the stock market is earnings. and so ultimately, you know, earnings can grow even when you have presidents not necessarily favorable toward investors. the other part of equation, melissa. melissa: yeah. >> as you know president obama has said very nice things about ben bernanke whereas mitt romney had basically said i'm going to fire that guy if i get elected. this probably means a continuation of this kind of easy money policy. one of the things that people might want to look at investing in, if we continuation of these really low interest rates and this flood of money is commodities like gold. melissa: yeah. that's a great point so at the end of the day, yes or no, best or worst, is this the worst lech ship for the stock market ever? >> ever? that was probably when herbert hoover was elected in 1989. this is not the -- 1928. this is not the can ideal outcome.

who knows. maybe barack obama will learn the lesson, melissa from his first term and maybe he will actually govern from the middle. hope springs eternnal. melissa: yeah. no. >> give him the benefit of the doubt, come on! give him a honeymoon. melissa: he will govern from the middle. i can feel it. thanks, steve moore. thanks for coming on. >> thank you. melissa: no. what the president obama's re-election means for the oil and gas industry. i interviewed last night, that governor bill richardson said the industry should be warned and mend fences and watch out for more regulation. >> i will say the oil and gas guys and the coal guys, melissa i think they have a little fence-mending to do with the white house. i think the industry has to realize they just can't have a free hand. there's got to be sensible regulation. melissa: joining me now with his take in a fox business exclusive is jack girard.

he is api ceo and president. welcome back, jack. thanks so much for joining us. >> thank you, melissa. melissa: how did you interpret that? the wording was actually even a little stronger. those coal guys and energy guys, they better come back to the table because they said a lot of mean things. now he is still there and they're in trouble. seems, do you feel threatened at this point? >> well, i think it is fascinating what the secretary had to say, that it is surprising to me quite honestly. what i mean by that, if you listen to what the president said during the election, he is a big proponent of oil and natural gas. he has indicated in his all-of-the-above energy strategy that oil and natural gas should play a important role a important part. melissa: do you believe that? >> we're hopeful of that. we'll give the president of the benefit of the doubt for the time-being but if the president is serious about what he promised the american people and what he got elected on, then i will and natural gas will have to be a big part of that energy

energy plan. there should be no making up to do as the secretary suggests. we're in sync on the role of oil and natural gas. the question before us, will the president live up to his commitment. melissa: well, you really feel like you're in sync? we have a chart of shallow water, deepwater drilling permits during the president's time in office and if we can put that up and look at it, you can see between september 2009, back to september 12th, do we have that you guys? it shows, look at that. kind of, we're right back to where we were when he took office. he likes to talk about how much more drilling there has been over his time but it doesn't seem like the data necessarily supports that. what do you think? go ahead. >> well, when i say we're in sync, that's a relatively new policy or new position. the president has really moved 180 degrees on the issue of oil and natural gas in the last year, year-and-a-half. two years ago, in his state of the union address he

called us yesterday's energy, assuming we had no role. we provide over 62% of all the energy consumed in the united states. and he is own economists will tell you, we'll continue to provide over 50% of the energy 30 years from now. melissa: but, jack you say he dramatically changed his position. what is your evidence of that other than his word? is it just his words? >> it is just his words. that's why i say the verdict is still out. if the president lives up to do what he promised the american people during this election, we've got an opportunity to put people to work to produce our own oil and natural gas. if he reneges on that, then it is back to business as usual. all those charts will just continue to play out, showing decreased production, lower opportunities to produce our own oil and natural gas right here in america. melissa: what do you think is the future of the keystone pipeline now given everyone who was reelected and elected and what you're facing in washington? >> well, i think that will be the first real test. even with the changes in the election, there is still

majority of support both in the senate and in the house for the keystone excel pipeline, i might add on a bipartisan basis the president implicitly indicated he would approve the second leg from canada down after the election. remember those comments? melissa: oh, yeah. >> we're waiting to see if he follows through. that will be the first test if his words really meant something during the election. melissa: jack, we'll keep an eye on that. remind us if we forget to check in on that because that's an important point. >> we will remind you, melissa and we'll stay in touch. melissa: thank you so much. time for today's fuel gauge report. first up oil prices bounced back after plunging nearly 5% yesterday. better than expected u.s. jobs data and passage of a greek austerity bill helped push crude up .8 of a percent. gas rationing is imposed in new york city, i don't like that as well as long island. cars with license plates ending with odd number can

buy gas on odd numbered days. even numbered license plates on even numbered days. mine ends with a letter. i'm going to the front of the line. the move is designed to relief crippling shortages. new jersey imposed a gas rationing system last week. went over like a lead balloon. bp lawyers and gulf oil victims asked a judge to approve a $7.8 billion settlement. it would be used to resolve damage claims and individuals affected by the 2010 disaster. >> next on "money", ceo's extend an olive branch to president obama. it may be too soon to tell if they can finally come together to revive the economy. we'll get insight from our panel of business chiefs. sure there may be a few things getting you down. i mean, you know, there is the fiscal cliff looming, political gridlock is running rampant but we've got four ways to keep your pockets flush with cash regardless what's ahead. more "money" coming up, we promise. ♪

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melissa: so only been two days since the election but executives and ceos are already reaching out to the administration agreeing with president obama's message, it is time to work together to rebuild our economy. sure. except what can you really do now that hasn't been tried already? businesses have to deal with the very real possibility of higher taxes and expenses and the president has to make it easier to do business here in the u.s., right? all right. we have assembled a panel to sort through all this. ed kinard, former bain capital managing director. the author of, unintended consequences. it is right there. clinton greenleaf, founder of greenleaf book group. thanks for coming back. we have jim amos, ceo of frozen yogurt chain, tasty delight. my favorite. i love it. thanks to all you guys for joining us. let's dive right in. clint, what do you think, let me start with you. you're one of the folks that

thought ahead of the election it would be really get business rolling with the president in office. here he is. here we are. we have to start making money. what do you think can be done? >> i think the first thing we have to do is have a collective ah, shucks moment. it didn't turn out the way we wanted it to. we have the new reality. melissa: right. >> we still want to make money and run businesses. >> absolutely. >> how do we structure our businesses with a new tax climate? that will mean gameplanning and lots of money for lawyers and accounts ants to make sure we don't open up ourselves to more liability in the comes years. melissa: ed, one of the things i heard was we needed certainty. it was not who was in charge but knowing what the climate will be going forward. now we have certainty. how will that help you plan. >> i don't think certainty will be the biggest factor here. i think when you balance, running a $1.1 trillion a year deficit. you can run $200 billion a

year and debt as percentage of gdp won't grow. we have to cover $900 b. tax increases required and spending reduction that is required to bring this back into the balance over the being long term will have big impact on the economy. melissa: jim, you say the bottom line it is bad time for business. you're still a successful businessman with many, many stores all over the place. what are you going to do right now to move forward? >> well, that's the question, isn't it? appears to me that post-, i don't know how anything has changed particularly, pre-or post-election. people talk about status quo, issues, uncertainty just mentioned. issues with facing the fiscal cliff in the long term. uncertainty around taxes in general, at corporate rates, incoherent energy policies. melissa: i know but you're a successful guy. you're not going to roll over and play dead. you're going to get out there and win. i know you. you have a successful business. how are you going to do it?

>> no one is going to roll over and play dead today anymore than they did before. i think the issue one is practical and one is philosophical. the practical issue is you have to make your way. if you're facing obamacare and know you have employer mandate and people are going to have another $6.4 billion in burden both in infrastructure on top of business, and we're facing on the franchising side losing about 3.2 million jobs as a result of it, you have to respond. part of that response, i think as we learned in this election is just not the practical matter of fixing these things, but from the business community's perspective, finally responding to the shrill rhetoric coming out of washington and saying look, it is time for business to make the moral and ethical case for business as a moral enterprise. it used to be a positive thing to be in business in the united states of america today. and now it's rather

pejorative if one stops and thinks about it. melissa: right. >> seems we lost the education element of this for a lot of people and time for to us take it back. melissa: but, clint, at the end of the day that is the philosophical side and you have to talk about the practical side. you have to run our businesses. we have to make money. we have to feed our families. we have to have a roof over our head. how are you going to do that? will you hire more part-time workers the way the rules of the game are set out? are you going to outsource more? what do you do? >> 1099 will be the buzzword of 201. we'll find ways to outsource every job function. i'm 40ish employees right now. come hell or high water i'm not going above the 50 threshold. i will outsource more. if i capital expenditures. if they get rid of that exemption that will cut my expenses as well. i will be more careful. guard my cash. melissa: ed, does that make sense? >> i see businesses will hunker down and i think

resolution of the fiscal cliff will not cause businesses to stop hungering down. melissa: why? when you spend money you already include -- incurred taxes. doesn't matter when you borrowed or not. when government spending comes down, it might come down a bit here, private sector will be very leery about ramping up until they see real reductions because they haven't seen the government cut before. they will not ramp up quickly. they will ramp up cautiously. we'll go through a recession as we try to transition to more sustainable model, one with $200 billion a year deficit instead of 1.1 trillion. we have to deal with it now. it will be tough. melissa: jim, i give you the last word. do you agree with that? >> i agree in this sense the reaction the business hungering down with the example of franchising. if of a franchisee wanting to sign or 10 or 20 year agreement and doesn't know what his tax rate will be in two months much less two years, he is struggles with that. what do we do?

we lower overhead cost of entry. try to find somebody that will lend to people that hasn't been lending the last four years. you make adjustments. i would suggest to you that is not a rapid recipe for growth, much less scaling with some deal of robustness. melissa: yep. that makes a lot of sense. gentlemen, thank you so much. coming up on "money", investors are singing the blues after the election but don't despair. we have four thinns to help cash rolling in no matter what, we swear. plus iran shoots at a u.s. drone in international airspace. are they lashing out over sanctions or is this the opening act before direct nuclear talks with the u.s.? we'll explain that coming up. do you ever have too much money? 4g lte is the fastest.

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melissa: okay. money is moving forward. i'm here to help you lick your wound and get on with it. we may be stuck with another four years of these economic policies, higher taxes, more debt but you can make money, i swear. well, i don't know. whatever. we're going to try. spencer patton, is chief investment officer at steel vine investments. and spencer, you have some great ideas. let's get right to it. the first one has to do with how the tax policy will change on capital gains and dividends. what is your recipe there? >> so capital-gains taxes are going higher. it is just a matter how much higher they're going. the smart thing to do, whether you own a business or own stocks is to sell. if you hold from december 31st, to january 1st, you're taking somewhere between a 5% to a 15% hit because you're going to be paying more taxes. it is rising from 15% on long-term capital gains. first, raise some capital. sell what has been winning for you. melissa: get out while the

getting is good. i think that's what we've seen in the stock market the past two days. go to your second thought which has to do with buying a single-family home. how come? >> when in doubt do what warren buffett does. that is a great strategy to have in life and warren buffett said if you he could do anything he would buy 40,000 single family homes and use them as rentals. i think that makes a lot of sense here because, if you can get a loan, rates are incredibly low rates. you can get rentals which are incredibly attractive right now and get a good, passive income for yourself that gives you the chance to have some capital gains as well on the price of the home eventually appreciating. melissa: eventually, when maybe the tax policy changes. that is good that you brought that up about warren buffett. we'll talk about that later in the show, another great idea to make money off the real estate play he is in. talk about the third idea. it has to do with gold. >> right. since the beginning that we've been keeping records there is great chart shows as the monetary base grows,

so does the price of gold. back in 1930 an ounce of gold would buy you a fine men's suit. today, one ounce of gold would still buy you a fine men's suit. it is great protection of your purchasing power. gold is amazing safe haven to be and a long-term investment. don't look at it for six months or one year. it is a good place to have your portfolio that gives you some protection. melissa: your final idea is being defensive in stocks. what do you mean by that? >> yeah. i don't see anything attractive that says i have to go out and buy stocks right now. they're still within 10% of their all-time highs even with the pullback and so stocks, you may be able to present an argument that says they're cheap but i don't know that we're past everything that has to come to light. all the debt debate, the fiscal cliff, capital gains taxes. there is no compelling reason to buy here over the next two to three months. so let some of this pass. use your assets in other places. raise some cash. you will be in a much better position to make yourself a

lot of money once 2013 starts. melissa: the thing that all of your ideas have in common this idea of sort of hungering down and sort of having this investment over a long period of time. why wouldn't you hunker down within the stock market? because you have to give president obama credit that, whether it has been because of the fed and easy money or whatever it has been, the stock market has done well. so would you buy some favorite stocks and just plan on holding them through the entire next four years? >> you know, i've always been an advocate of buying stocks that pay high dividends but the dividend taxes going from 15% up to 40. melissa: right. >> that take as huge wind out of the sales for that argument. so, you know, the timing is everything. timing was good to buy stocks at beginning of obama. now not necessarily so much. housing is a great place to be because it's cheap. melissa: yeah. spencer patton, great idea. thank you. i feel better. i feel better. thank you so much. >> thank you. melissa: here's the question that we're having fun, you

go it, right? what else will we do here? how has the outcome of the election changed your investment strategy? we want to hear what you think. like us on facebook.co facebook.com/melissafrancisfox or follow me on twitter at melissaafrancis which is a lot of fun, i've got to tell you. next on "money" iran fires on a u.s. drone in international airspace. will this push face-to-face negotiations to the forefront or will we stick with sanctions. plus warren buffett rolls the dice on an investment once left for dead where he is seeing potential big profit. how you can jump on this bandwagon. "piles of money", buffett-style, coming up. ♪ .

♪ . melissa: so new reports from the pentagon today confirming that iran shot down a u.s. drone over international waters just one week ago. this coinciding with both previously announced and new sanctions. that actually take effect today. meantime iranian president mahmoud ahmadinejad has wasted no time lashing out against the u.s., cause, calling our presidential election quote, a battleground for capitalists. not really sure what he meant by that. i know it was supppsed to be an insult. i don't get. could be a language thing. anyway, now that the elections are over what does it mean for our foreign policy with iran? joining me fox news middle east analyst, walid phares. thanks for coming back on the show. >> sure. melissa: i have a lot of questions about this. let's start with that, shooting down our drone. does that mean that they have better intelligence about where we are and what we're doing and, i don't know, does that concern you? >> that basically, let me

understand that the iranian military and intelligence are following our moves inside the area, the gulf, you know, used to be in iraq before they were spying on our activities but across the persian gulf. this shooting down of a drone is a message of attempt for intimidation of the obama administration because iranian leadership knows that the next step of this renewed administration is to try to sit down with them or with a third party and try to negotiate. so they want to position themselves in a stronger position. melissa: so do you think, i mean, that's what we heard before the election, the president was ready to sit down and have one-on-one negotiations with ahmadinejad. do you see that going forward now? >> absolutely. this is not secret. academics and intellectuals close to the administration spokespersons of the administration for many years have said we'll put some pressure on the iranian regime but in the direction of inviting them to either comply or sit down with us

or with a third party and, try to negotiate a diplomatic solution for the problem the problem, melissa here, is that the obama administration strategy over the past four years was, we're not going to use any military. we're not going to partner with iranian opposition. we'll put sanctions. we'll not increase too much these sanctions hoping iranian leadership will come towards us. we saw over the past four years they did not. so for the next four years we need, we either need to change the strategy or it will be the same results. melissa: if we sit down at the table isn't that a good thing? don't you think there could be good things coming out of talks? >> there is always good things coming out of talks if the intention on the other side is basically do a concession. the iranian regime, and iranian government have been sitting down with so many representatives of the united nations of russia, so many representatives of international community yet it did not happen. it first of all has to happen inside the iranian

leadership. they have to say on these conditions we have to come and negotiate. they have not done so. melissa: in an effort to save their hard currency at the same time, maybe this is evidence the sanctions are working, they banned import of 75 different goods and called them luxury goods. they include toilet paper. what does it tell you?. >> there is always the black market on the side. they will go after these measures. try to implement them. on the other hand iranian will use black market and the regime knows that. the sanctions we're putting are good but unfortunately they're only targeting the civil society. that is why you see demonstrations from time to time. in iran you have the two economies, the country's economy and the regime's economy. we need to tighten sanction on the regime's economy. melissa: what is the we keep hearing now with the left solution of technology here in the u.s. that our ol' and natural gas production and fuel production is rising and rising. maybe it is is it possible this isn't as much our

problem as it used to be? >> for many, many years we were driving our industry and infrastructure to produce more. but even if with what we get from the middle east is small, not getting it is going to create a crisis. it will create a crisis in the world economy, world market. that would have an impact on us and iranians know that. melissa: walid phares. thanks for joining us. >> thank you for having me, melissa. >> "oracle of omaha" has a new premonition. details where warren buffett is laying down his next big bet. and how you can follow suit. that's coming up next. at the end of the day it is all about money. ♪ . what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18.

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melissa: save it. we'll share with you right now. want to invest like warren buffett? the "oracle of omaha" is betting big on real estate these days, perfect timing of course as home prices shot up 7% year-over-year, according to the national association of realtors. that is the largest year-over-year growth since 2006. could this be a sign that the housing market is

finally bottomed out? the billionaire buffett sure thinks so. his firm just purchased the prudential and real living real estate franchise as well as made some huge moves in mortgages. so should you follow his lead? joining me is real estate attorney steven meister. we were talking about opportunities when you joined us there. steven, welcome back to our show. why do you think he is pouncing on real estate right now? >> well i think it has bottomed, melissa. he did pounce in a big way. that big billion dollar mortgage portfolio he picked up on the cheap. 47,000 loans at a billion and a half. 32,000 per mortgage loan. i don't know, i don't have the information but there must have have been a very substantial discount there. melissa: yeah, absolutely. if you look at, we've been watching him make these moves on "money" and putting them together to make sure they mean what they seem like to mean. you don't want to get faked out. if you look at the three things together, prudential

and real living real estate franchise is straight up. it acquired from brookfield asset management. this is a straight up play on real estate there. you can't, there is no way around it. it is a broker. rest cap, that is getting in on the mortgage side of the business. bank of america's investment, obviously they're investing in a lot of different things there but they have a lot of real estate and mortgages. no matter how you look at it this is a bet on housing from a lot of different angles. >> i think what mr. buffett is seeing we're forming householding okay? there has been a constraint on new home construction for many, many years now. right? melissa: right. >> households are being formed. and so you have some of that. melissa: we're working through inventory? >> rents are moving up which is making housing with the subsiddzed mortgage rates an even better buy. so he is buying brokerage companies. he's buying steeply discounted mortgages. and he made the bank of america bet which in part is a housing-related

bet but not entirely. melissa: we've been talking about how, why not be a renter? the whole dream of being a homeowner is sort of dead but earlier on the program just to bring it all together we were talking about the fact that stocks are not going to be a great investment necessarily for a while because of the tax on capital gains and dividends. that is one investment that is going away. that makes housing even more interesting, more people want to get involved in it? >> let me add something to that. melissa: yeah. >> this may be, this is a bit of conjecture. but because of all the debt that is building up and because of thee not the fiscal cliff coming up but the fiscal armageddon which we may face by 2016, if sovereign wealth and foreign wealth need as home and european bonds are no good and american bonds are no good. maybe housing is the tallest midget in the world. melissa: so are you seeing that anecdotally? are you seeing foreign buyers yourself? you're in this business. >> you see it some degree in

centers like new york. melissa: right. >> i don't think you see it in the exushs and the suburbs. that may be part of mr. buffett's bet. melissa: this is theory we cooked upstairs in the story meeting putting all the pieces together. do you see anything wrong with it? do you see any other reasons why he would buy the pieces separately and put them together? >> no. i think the one great cloud on the horizon is the fiscal cliff includes repeal or lapsing of the mortgage debt forgiveness act which bush enacted which give as pass to homeowners who get debt forgiven on short sales. that will go away. the short sales are one in for for or one in three of every sale. if the lawmakers don't make a deal, boehner or obama don't make a deal, that could crimp short sales and decrease supply and put downward pressure. melissa: stephen, thanks for joining us.

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in. melissa: and time for spare change. the very own sandra smith and david asman. thank you to all of you. all right. watch this. you won't believe this video. thieves on motorcycles inside a london mall. six men drove into the mall with axes and bats. you can see one of them waving an axe around. this is not a movie. this is real. they're robbing a jewelry store and made off with hundreds of thousands of dollars worth of watches. plight -- pplice found the motorcycles at a nearby golf course within an hour but there are still looking to the suspects. i think that is one of the weakest parts. they drove to a golf course. the good thing, nobody was hurt here.

>> there was a woman who actually had a heart attack afterwards because she was so shocked. it reminded me of the chain snatchers. you were in chicago, but there was this era back in the late 80's and early 90's. before ready guliani came in. these changes would go lie on motorcycles and grab women's chains. sometimes they dragged into their deaths. i'm hoping that what happens in london stays in london. melissa: why would you go inside the mall to rob a jewelry store. >> for the money. >> but lots of jewelry stores all over the place, and then the axes are interesting. the kind of have to be closed. i don't know. >> paid off. melissa: okay. moving on, michael o'leary, the ceo of ryan air says that seatbelts on a plane out pointless because if a plane crashes a seat belt won't save you. this could be because he wants to create a standing-room-only cabins for student and budget

travellers. he said the passengers could just hang on. just hang on. >> every time you use the bathroom. melissa: i think that they serve a purpose. there have been times. i have had a hard landing. >> even turbulence. melissa: i was thinking about that. >> says he would offer some of the standing room flights for a little more than a dollar. would you? >> he claims that there is much less turbulence in the european. therefore. but he's not going to. think he's just trying to get some publicity. >> are harnessed to muster at the end. melissa: i don't know. you stand on the subway and attended church in that sort of thing. >> but it's not necessarily for landings and takeoffs with those moments when suddenly.

melissa: are when they sit rotting into turbulence, put your seat belt on. then again, they tell you to turn off your cellphone command be on the that's baloney. who knows. moving on to sports. usc student fired for intentionally deflating the football from last weekend's game against oregon. officials discovered some of the under inflated balls before the game started and more at halftime, but in the end, you know what, usc lost anyway. what do you think? she is never win. cheaters ever win. a mixture -- it makes it seem like bad. that is apparently this makes it easier to catch the football, never. come on. >> i hate to tell you, but in this case if they have been seeing all season they are winning. they have a winning season. they're not number one, but there never too. a 6-3 season. melissa: going on all this time. >> i don't know how you check and make sure.

i don't think you can unless you want to suspend them. >> more regulations. let me tell you something. now we're going to have even more. melissa: all right. checking this out. a 9-year-old girl playing tackle football. get this, she is good. she has run for a staggering 251st downs, ten conversions, originally cuts is just thought they could use air for a drop. holy cow. melissa: to canal runs a little sister. now she is one of the fastest kids in the salt lake city area, and there was just one time did she get a little shaken on the tackle. what do you think? i love it. this is obviously going to be a movie. luck. but get how fast she is. >> the problem is, she does get title occasionally, and she

weighs 60 pounds. she doesn't even weigh 60 pounds. see is up against some tackles, some of these guys are 150 pounds and she is against. >> this is tackle football. >> yes. this is full force tackle football. prefer. melissa: look better. go. i love it. so many kids get hurt in this port. melissa: just enjoy it. melissa: that last for another year. melissa: moving on to all before nancy pelosi was reelected someone broke into her psyche wind and on monday night.@ a unclear whether a thing was actually stolen. what do you think was going on? in my pool house. all right. thank you so much.